VGUARD · NSE

V-Guard Industries Limited

₹325.4

-1.44% (-₹4.75)

Prev. close

₹330.15

Volume

6,50,488

Delivery %

62.3%

As of

18 Sept 2026

Price history

₹325.4+₹28 (+9.41%) · 3M
10 Jun 202618 Sept 2026
₹346.35₹290.810 Jun03 Jul03 Aug26 Aug18 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on V-Guard Industries Limited in the last 90 days.

Fundamentals

About V-Guard Industries Limited

V-Guard Industries Limited manufactures and sells electrical and electronic products in India and internationally. It operates through four segments: Electronics, Electrical, Consumer Durables and Sunflame. The Electronics segment offers voltage stabilizers; and inverter, digital DUPS, inverter batteries, UPS, solar inverters, solar power systems, off grid and on grid systems and inverters, and on grid photovoltaic (PV) inverters. The Electrical segment provides wires; pumps, such as domestic and agricultural pumps, and electric motors; modular switches, including matteo, novio, and torio switches; switchgears; and PVC insulated cables. The Consumer Durables Segment offers fans, such as ceiling, table, pedestal, wall, ventilating and exhaust, and other fans; air coolers, including desert, window-mounted, and personal and room variants; water heaters, such as electric, solar and heat pump water heaters; and kitchen appliances comprising induction cooktop, mixer grinders, gas cooktops, rice cookers, water purifiers, small and large appliances like kitchen hoods, and breakfast appliances. The Sunflame segment sells products under Sunflame and Superflame brands. It sells its products through a network of distributors and dealers. V-Guard Industries Limited was founded in 1977 and is headquartered in Kochi, India.

Details

Sector

Industrials

Industry

Electrical Equipment & Parts

CEO

Mr. Mithun Kochouseph Chittilappilly

Headquarters

Kochi

Employees

3,219

Website

vguard.in

Key stats

Market cap

₹14,216.43 Cr

P/E ratio (TTM)

39.3

Dividend yield

0.45%

EPS (TTM)

₹8.28

Beta (1Y · daily vs NIFTY 50)

0.69

Beta (5Y · monthly vs NIFTY 50)

0.51

Shares float

21.10 Cr

EPS · quarter ended Jun 2026

₹2.96

Financial Performance

01 · Financials

0 Cr2000 Cr4000 Cr6000 Cr0%10%20%30%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.8% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

0358FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

0112-100%-50%0%50%26 Feb 2028 Jul 2120 Jul 2217 Aug 2325 Jul 2431 Jul 2531 Jul 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-20%0%20%40%FY21FY22FY23FY24FY25FY26
SalesFixed assetsReceivables (trade + unbilled)Inventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr1000 Cr2000 Cr3000 Cr4000 Cr0.5×1.5×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr1000 Cr2000 Cr3000 Cr4000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-500 Cr0 Cr500 Cr1000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹2,721.24 Cr₹3,498.17 Cr₹4,126.04 Cr₹4,856.67 Cr₹5,577.82 Cr₹5,965.78 Cr
EBITDA₹332.83 Cr₹350.99 Cr₹336.35 Cr₹460.74 Cr₹534.12 Cr₹528.16 Cr
₹200.82 Cr₹227.69 Cr₹189.11 Cr₹257.58 Cr₹313.72 Cr₹308.33 Cr
Diluted EPS₹4.65₹5.25₹4.35₹5.88₹7.14₹7.01

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,874.98 Cr₹2,106.83 Cr₹2,906.93 Cr₹3,161.28 Cr₹3,338.21 Cr₹3,713.72 Cr
₹68.35 Cr₹502.98 Cr₹401.29 Cr₹133.52 Cr₹165.26 Cr
Stockholders' equity₹1,211.29 Cr₹1,406.96 Cr₹1,607.62 Cr₹1,814.22 Cr₹2,097.83 Cr₹2,373.05 Cr

Current assets, Inventory, Non-current assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹222.15 Cr₹-38.71 Cr₹423.81 Cr₹392.74 Cr₹476.96 Cr₹458.55 Cr
Investing cash flow₹40.92 Cr₹-119.78 Cr₹-771.16 Cr₹-152.61 Cr₹-96.92 Cr₹-363.94 Cr
₹-5.74 Cr₹-61.48 Cr₹326.10 Cr₹-232.22 Cr₹-377.51 Cr₹-97.67 Cr
Capital expenditure₹-116.52 Cr₹-124.62 Cr₹-102.63 Cr₹-128.23 Cr₹-120.66 Cr₹-179.85 Cr
End cash position₹280.77 Cr₹60.80 Cr₹39.54 Cr₹47.45 Cr₹49.98 Cr₹46.92 Cr

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Dec 21Mar 22Jun 22(2Q)Sep 22Dec 22Mar 23Jun 23Sep 23(2Q)Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Promoter56.05%55.96%55.88%55.86%55.85%55.80%55.62%54.57%54.48%54.42%54.39%54.35%54.30%54.28%53.32%53.28%53.23%53.22%
Public43.95%44.04%44.12%44.14%44.15%44.20%44.38%45.43%45.52%45.58%45.61%45.65%45.70%45.72%46.68%46.72%46.77%46.78%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Industrials

Company
Larsen & Toubro Limited₹5.24 L Cr₹3,836.231.64.7914.7%1.15+11.8%+4.1%
Adani Ports and Special Economic Zone Limited₹4.00 L Cr₹1,82429.44.1713.3%0.66+27.1%+29.1%
Hindustan Aeronautics Limited₹3.20 L Cr₹4,800.334.37.8022.2%0.00+5.6%-1.2%
Bharat Electronics Limited₹2.82 L Cr₹395.4546.011.7525.3%0.00+15.9%-4.1%
InterGlobe Aviation Limited₹1.87 L Cr₹4,92026.87-34.3%11.15+6.6%-13.9%
ABB India Limited₹1.51 L Cr₹7,270.595.519.2821.3%0.01+8.1%+33.7%
Bharat Heavy Electricals Limited₹1.43 L Cr₹429.258.85.476.1%0.31+18.3%+83.2%
Hitachi Energy India Limited₹1.39 L Cr₹32,700121.726.8919.1%0.02+27.2%+68.7%
Cummins India Limited₹1.39 L Cr₹5,099.557.816.4227.9%0.00+16.9%+24.3%
CG Power and Industrial Solutions Limited₹1.39 L Cr₹892107.617.3915.1%0.01+25.1%+13.7%
Siemens Limited₹1.33 L Cr₹3,763.578.810.0715.9%0.01+16.2%+13.3%
V-Guard Industries Limited₹14,216.43 Cr₹325.439.35.9913.0%0.07+6.9%-12.0%

Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

10 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

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